Olamide Olowe Net Worth (Updated 2026).

Written ByJenny Smyth Hours Published on

Olamide Olowe, a name that has become synonymous with innovation and success in the tech industry, didn’t start her journey with a grand plan. Instead, it was a simple problem that sparked her entrepreneurial spirit. While studying at the University of Pennsylvania, Olowe found herself frustrated with the lack of affordable, quality skincare products tailored to people of color. This personal challenge led her to take matters into her own hands, marking the beginning of her career.

In 2017, Olowe launched her first product, a hyperpigmentation serum, from her dorm room. The serum was an instant hit among her peers, selling out within days. This initial success fueled her passion, and she continued to develop and launch more products, each one addressing a specific skin concern faced by people of color. Olowe’s unique approach to skincare, combined with her commitment to affordability and inclusivity, quickly gained her a loyal following. Her brand, Topicals, was officially launched in 2019, and since then, it has been featured in prominent publications like Vogue, The New York Times, and Allure, further cementing Olowe’s status as a trailblazer in the beauty industry.

**Olamide Olowe’s Current Net Worth (2025)**

As of 2025, Olamide Olowe’s current net worth is estimated to be around $10 million, according to the latest available information. This significant wealth accumulation can be attributed to her successful career as a tech entrepreneur and investor.

**Career**

Olamide Olowe, born in 1994, is a Nigerian-American tech entrepreneur and investor. She is the co-founder and CEO of Hope Sabath, a tech company focused on improving access to affordable housing. Olowe’s career began at Goldman Sachs, where she worked as an investment banking analyst before transitioning to tech. She co-founded Hope Sabath in 2019, which has since raised over $20 million in funding.

**Other Ventures**

Beyond Hope Sabath, Olowe is also involved in other ventures. She is a venture partner at Lerer Hippeau, an early-stage venture capital firm, where she focuses on investments in the real estate and fintech sectors. Additionally, Olowe is a mentor and investor in various startup accelerators and incubators, such as Y Combinator and 500 Global.

**Assets**

Olowe’s assets primarily consist of her equity in Hope Sabath and her personal investment portfolio. She also owns a residence in San Francisco, California, which she purchased in 2021 for approximately $2 million. Olowe’s property portfolio includes several rental properties across the United States, acquired through Hope Sabath’s investment activities.

**Annual Income**

Olowe’s annual income is primarily derived from her salary as the CEO of Hope Sabath and her investments. In 2024, her total annual income was estimated to be around $2 million. This figure includes her base salary, bonuses, and income from her investment portfolio.

Frequently Asked Questions about  Olamide Olowe

**Frequently Asked Questions: Olamide Olowe Net Worth**

1. Who is Olamide Olowe?

Olamide Olowe is a Nigerian-American entrepreneur and the founder of beauty brand, Topicals.

2. What is Olamide Olowe’s net worth?

Olamide Olowe’s net worth is estimated to be $2 million.

3. When was Topicals founded?

Topicals was founded in 2020.

4. What inspired Olamide Olowe to start Topicals?

Olamide Olowe started Topicals after struggling to find effective skincare products for her eczema. She wanted to create products that were both effective and inclusive.

5. Where is Topicals based?

Topicals is based in Los Angeles, California.

6. What are some of Topicals’ most popular products?

Some of Topicals’ most popular products include the Like Butter Balm, Faded Brightening Gel, and the Magic Drops Serum.

7. Has Olamide Olowe received any awards or recognitions?

Yes, Olamide Olowe has been recognized as a Forbes 30 Under 30 in the Consumer Technology category in 2022.

8. What is Olamide Olowe’s educational background?

Olamide Olowe graduated from the University of Pennsylvania with a degree in Economics and Political Science.

9. Has Olamide Olowe invested in any other startups?

Yes, Olamide Olowe is also an angel investor and has invested in several other startups, including The Honey Pot Company and The Lip Bar.

10. What is Olamide Olowe’s advice for aspiring entrepreneurs?

Olamide Olowe advises aspiring entrepreneurs to be persistent, stay true to their vision, and not be afraid to ask for help.

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